Wednesday, October 17, 2007

Who Wants To Be A Millionaire?

Here is an interesting article I found on Philadelphia.bizwomen.com: It's a must read and I hope you all enjoy!

Who wants to be a millionaire?
October 4th, 2007

Make Mine a Million, a contest for women business owners described as a cross between “American Idol,” “The Apprentice” and “Queen for a Day,” is featured in today’s New York Times.

The article by Lisa Belkin cites these two well know statistics:
More than half of today’s startup companies are owned by women. But 43 percent of women-owned businesses have sales of $10,000 or less.

That combination led to the formation of the Make Mine a Million contest, which lets women business owners who want to take their businesses to the $1 million mark and beyond compete for help to get big, including business coaching and a line of credit from OPEN by American Express.

The goal of the contest, according to the founding nonprofit Count Me In for Women’s Economic Independence is to inspire a million women entrepreneurs to reach annual revenue of $1 million by 2010.

1 comments :

Tristan said...

wow....what a great contest and a great idea. It's sad that only 43% of women owned businesses make 10,000 or less, but I think with contests like this, it will push women over the edge. You should also check out another great contest I found for women entrepreneurs called “Make Your Dreams Come True with Mirassou.” They will be awarding one aspiring business woman $50,000 plus a team of highly professional consultants to help kick start your business. Visit http://www.mirassou.com/women_in_business/dreams.asp for more info and to enter. I work with them so just wanted to give you the inside scoop!

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